Archive | October 18, 2017

Bitcoin is not the new gold, Goldman Sachs says – CNBC

CNBCBitcoin is not the new gold, Goldman Sachs saysCNBCCryptocurrencies like bitcoin are not the "new gold," Goldman Sachs said in a note, advising investors that precious metals "remain a relevant asset class" in portfolios. In a n…

USD DEMAND PULL DASH AND MONERO PRICES LOWER

NEOUSD TECHNICAL ANALYSIS This is the second day-at least as I type this, where price action is swinging within 17.10.2017 Hi-Los of $34 and $27. We expected prices to trend higher following that bullish break out but then the 20 period moving average …

Brazilian Central Bank President Says Bitcoin is Pyramid Scheme – CoinTelegraph

CoinTelegraphBrazilian Central Bank President Says Bitcoin is Pyramid SchemeCoinTelegraphBrazilian central bank President Ilan Goldfajn has compared the leading cryptocurrency Bitcoin to a pyramid scheme. He thus joins the ranks of numerous financial luminaries who apparently don’t understand Bitcoin, from billionaire investors to megabank …Bitcoin Overcomes Roadblocks and Takes Off: Germany’s Public International BroadcasterCryptoCoinsNewsWe asked cryptocurrency experts […]

Ethereum Price Technical Analysis – Can ETH/USD Bounce Back?

Key Highlights ETH price declined below the $295 support against the US Dollar before finding support. Yesterday’s highlighted connecting bearish trend line with resistance at $301 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The…

Bitcoin Cash Price Technical Analysis – BCH/USD Back To Square One

Key Points Bitcoin cash price declined sharply from $390 and traded towards $300 against the US Dollar. A major bullish trend line with support at $310 prevented declines on the hourly chart of BCH/USD (data feed from Kraken). The price is now back in …

Markets Update: Bitcoin’s Pre-Fork Price Rollercoaster Begins – Bitcoin News (press release)

Bitcoin News (press release)Markets Update: Bitcoin’s Pre-Fork Price Rollercoaster BeginsBitcoin News (press release)Bitcoin markets tumbled during the early hours of October 18 dropping roughly 6-7 percent to a low of $5,101 per token. Bullish optimism seemed to be stepping off to the sideline today as the decentralized currency struggled to capture the $5,640 zone …Bitcoin […]